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ACS Group profit misses consensus by 24.1% in Q3

ACS SA said its normalized net income for the third quarter amounted to €143.7 million.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 1.7%.

Total revenue totaled €8.37 billion, and total operating expenses totaled €8.08 billion.

Reported net income totaled €187.0 million, or 60 cents per share.